Trade Finance Authoriser

2 weeks ago


Bengaluru, India I Mates Consultants Full time

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**Posted By**:I Mates Consultants | **Posted on**: January 11, 2023**:

- India Bengaluru/Bangalore
- 300000-800000 RS
- 2-9

**Scope of the Role**: To handle the routine Forex Transactions after initial scrutiny & documents check. Handle Inward & Outward remittances.
- Handling routine Forex Transactions after initial scrutiny & documents check.
- Handled Inward & Outward remittances.
- Remittances under LRS, Huge volume of AD-II transactions for Pan India.
- Payments for foreign currency demand draft & Foreign currency cheques
- Trade outward remittances. Setting up limits for customers for forward contracts.
- Identifying customers with potential for forward contracts & handling process of booking & cancellation of forward contract.
- Looked after core areas like issuance of Letter of Credit & Bank Guarantees.
- Handled Import bills - Lodgement & Realization of Import bills under LC, Collection bills.
- Direct import bill payments, Advance remittances. - Lodgement of Export bills
- Handled Export bills - Lodgement, Realization - Handled Inland bills under LC - lodgement & realization, discounting of inland bills
- Handled Physical currency Imports transactions for AD-II clients
- Regular interaction with customers & advising best possible ways for remittance
- Constant communication with customers to ensure utmost satisfaction.
- Regular interaction with customers &TFC to ensure smooth process of remittances.
- Actively involved to see that customer remittances are processed in the easiest & fastest way possible.
- Booking all exchange rates in coordination with customer & Treasury.
- Ensured smooth Functioning of operations while following the compliance requirements & audit remarks in check

**Skills**:
trade finance

forex operations

trade finance operations


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